Individually Owned 
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2460 Dixwell Ave, Hamden, CT 06514
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Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1968
Construction
FRAME
Total area
14,337 SF
Lot
1.73 ac (75,359 SF)
Zoning code
T5
APN
HAMD M:2628 B:105 L:00-0000
UPID
US15-0719212
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hair Salon
-
Nail Salon
-
Cafe & Coffee Shop
-
(Bike/Boat/Book/etc) Store
-
Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.51M
Owner & transaction history
since 1993
3 recorded transactions
Zoning & alternative use
T5 · Hamden, CT
Zoning description
ARTICLE III TRANSECT ZONES T1 - T5 AND SPECIAL DISTRICTS Section 300 PURPOSE The purpose of this section is to enable and encourage the implementation of the following poli- cies with the use of Transect Zones throughout…
General category
CIVIC_INSTITUTIONAL
Top alternative use upside
Restaurant
$2.1M
+37.6%
Commercial (general)
$1.8M
+16.1%
Office building
$1.6M
+1.6%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.51M
Value range
$1.35M – $1.66M
±10% around blend
Estimated value / SF
$105 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$1.35M
blend $1.51M
$1.66M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,337 SF
Lot area
1.73 ac
Year built
1968
Stories
1
APN
HAMD M:2628 B:105 L:00-0000
Zoning
T5
Assessed value
$1,032,500
Annual tax
$58,212
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$58,212
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.43M
Range $908k – $2.08M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 36 sales
$106
-1%
County 117 sales
$108
-3%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $105/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+38%
vs current-use indication
Commercial (general)
Office Building
Apartment House (5+ Units)
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$158k
Move the market yield to see immediate price impact.
Value / SF
$11
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$10k
$199k
$142k
$110k
$11k
$221k
$158k
$123k
$12k
$243k
$173k
$135k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$58,212
Tax year 2023
Assessed value
$1,032,500
Assessed 2023
Previous assessed
$1,158,780
-10.9% YoY
Effective rate
5.64%
On assessed value
Assessed land
$539,490
Assessed improvement
$493,010
Applied tax rate
327.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1968
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
8
Total area
14,337 SF
Lot
1.73 ac (75,359 SF)
Zoning code
T5
APN
HAMD M:2628 B:105 L:00-0000
UPID
US15-0719212
Jurisdiction
HAMDEN
Zoning & alternative use
T5 · Hamden, CTZoning T5 · permitted uses
T5 · Hamden, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ARTICLE III TRANSECT ZONES T1 - T5 AND SPECIAL DISTRICTS Section 300 PURPOSE The purpose of this section is to enable and encourage the implementation of the following poli- cies with the use of Transect Zones throughout…
General category
CIVIC_INSTITUTIONAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
8
Lot
1.73 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
T5
CIVIC_INSTITUTIONAL
Jurisdiction
Hamden, CT
Recorded code
T5
Official district
T5
Official district profile
What the municipal code says about T5
Zoning description
ARTICLE III TRANSECT ZONES T1 - T5 AND SPECIAL DISTRICTS Section 300 PURPOSE The purpose of this section is to enable and encourage the implementation of the following poli- cies with the use of Transect Zones throughout…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for T5 in Hamden, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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